Nyae is a married man who has no child. Nyae has been breeding goats for last 5 years.
Nyae usually buys small goats, raises and fattens them for 5-6 months and then resells for a more profitable price in the livestock bazaar. Meat is in very high demand in Tiribe and people use it in everyday dishes like pilau and dolma.
He wants to expand his business and improve life conditions of his family. He applied for a loan to purchase two goats for resale. This will be his second loan and he has a good credit history.
About Yehu Microfinance Trust
This loan is administered by Yehu Microfinance Trust, which was founded in 1998 as a project of CHOICE Humanitarian Kenya. In July 2007, Yehu became a separate entity from CHOICE and was registered as a trust. Since then, Yehu has expanded to cover over half of Kenya’s 13 coastal districts.